Top 10 Canada-based companies with substantial US assets
The U.S. is fertile ground for a variety of minerals, and Canadian companies are active throughout the country. The Northern Miner presents its top 10 list of the biggest Canada-based…
Teck Resources
Chile struggles to maintain copper production as coronavirus spreads
Workers at Chile’s giant copper mines are caught between the urge to protect themselves and pressure to keep the country’s economy moving. Since declaring a state of emergency in March…
‘You have to think, not believe’: Canadian Mining Symposium day 2 features Don Lindsay, Jeffrey Christian
The second day of the Canadian Mining Symposium (CMS) went global on June 17, with the virtual event bringing together another set of speakers from across a wide spectrum of…
Top 10 Canadian miners by market cap
The Northern Miner presents the top-10, Canada-headquartered mining companies by market capitalization as of late-June, 2020. 1. Barrick Gold Market cap: US$46.56 billion Barrick Gold (TSX: ABX; NYSE: GOLD) has…
Teck CEO Don Lindsay focuses on copper at BofA conference
Don Lindsay joined Teck Resources (TSX: TECK.A/TECK.B; NYSE: TCK) as president in January 2005 and became CEO in April 2005. The long-time mining executive spoke at the Bank of America…
South America divided on coronavirus measures
South American countries have taken varying approaches to containing the spread of COVID-19, ranging from leaving it to states and cities to handle the virus to implementing aggressive lockdowns and…
Exploding Costs: An analysis of Galore Creek
The mining industry is fraught with capital cost overruns — a quick internet search will turn up many examples. The results quickly highlight that as many as two-thirds of mining…
Editorial: Sinking in a sea of red
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…
Copper price meltdown sinks mining stocks
The decline in the copper price accelerated on Wednesday, as pandemic fears grip global markets and mining companies announce a wave of production halts and project construction suspensions. Copper trading…
Teck decision to cancel Frontier rattles investor confidence, critics say
The decision by Teck Resources (TSX: TECK.B; NYSE: TCK) to withdraw its $20 billion Frontier project from the regulatory review process will further reduce investor confidence in Canada’s oil and…
Teck walks away from Frontier oil sands project
Teck Resources (TSX: TECK.B; NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion (US$15.7 billion) Frontier oil sands mine, just days before the Canadian government was slated to make…
Skeena envisions high-grade open pit at Eskay Creek
Eskay Creek in British Columbia’s Golden Triangle was at one time the world’s highest-grade gold mine before Barrick Gold (TSX: ABX; NYSE: GOLD) finally shut it down in 2008 due…